22 December 2011
Not required to deduct TDS as the threshold limit of Rs 180000/- p.a. is not crossed.
(from 01.08.11 to 31.03.12 = 8 months. So total amount of Rent is Rs 160000/- i.e below threshold limit of Rs 180000/- p.a.)
However in case of payments made under sec. 194A, 194C, 194H, 194I and 194J in respect of individual and HUF, only if the turnover or professional receipt exceeds sum of Rs. 60 lakh or Rs. 15 lakh respectively in previous year, he is required to deduct tax at source.
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